2025-03-27 09:07:47.AIbase.16.6k
OpenAI Nears $40 Billion Funding Round Led by SoftBank, Potentially Valuing it at $300 Billion
According to a recent Bloomberg report, OpenAI is close to finalizing a massive $40 billion funding round led by SoftBank, marking the largest funding round in the history of the AI industry. This funding is expected to significantly boost OpenAI's valuation to approximately $300 billion, nearly double its valuation in October 2023. SoftBank will be the lead investor, initially committing $7.5 billion, with several other investment firms participating, including Magnetar Capital.
